BIG CHANGES: The NEW Amex Gold Card (Everything You NEED to Know!)

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 114

  • @MarkReese
    @MarkReese  5 місяців тому +3

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  • @monts311
    @monts311 5 місяців тому +34

    Savor one > gold card

  • @crystalgiannone2683
    @crystalgiannone2683 5 місяців тому +1

    Always enjoy watching your podcast ❤Thank you for sharing your valuable knowledge 🙏

    • @MarkReese
      @MarkReese  5 місяців тому +2

      Thanks so much! I appreciate your support 🥇

  • @shawn.credit
    @shawn.credit 5 місяців тому +14

    I grabbed a replacement white gold card for my Business Gold card this morning. Last night at 11pm I threw in an app for the Amex Gold with $250 AF and kept it classic gold since I missed the 12am refresh saved $75 too!

    • @Th33Vultur3
      @Th33Vultur3 5 місяців тому +1

      Winning. I’m good with the $250 annual fee until March 14.

    • @anthonyblack9906
      @anthonyblack9906 5 місяців тому +1

      But you missed out on the business Gold card with 0 apr that kicked in i believe at midnight which is amazing

    • @shawn.credit
      @shawn.credit 5 місяців тому

      @@anthonyblack9906You win some you lose some part of this hobby! ✊💳

  • @dbest4755
    @dbest4755 5 місяців тому +30

    Mark, this is Crazy, AMEX just did minor changes so they can charge a higher Annual Fee !!

    • @BillyBlakeington
      @BillyBlakeington 5 місяців тому +6

      I was opposed but resy credit is really good if you live even close to nice restaraunts that use it. Free drinks/dinner

    • @chrisbrown8748
      @chrisbrown8748 5 місяців тому +7

      Haha minor changes? This card went from having an effective AF of $10 to paying me $104 to carry this card🤣.

    • @yurig2530
      @yurig2530 5 місяців тому

      ​@@chrisbrown8748no, you prepay for coupon book

    • @dbest4755
      @dbest4755 5 місяців тому

      @@chrisbrown8748 AMEX likes u, keep making them money.

    • @jacobmontes5000
      @jacobmontes5000 5 місяців тому

      @@chrisbrown8748not for me personal i won’t be using the dunkin’ donuts at all maybe sometimes if im out n about and im near one but the dinning credits and uber cash are still 240 all together plus the $100 resy that’s 340 so effectively for me im still above the annual fee

  • @ryanccc777
    @ryanccc777 5 місяців тому +4

    Just so happened that my wife booked a restaurant for our upcoming anniversary at a Resi restaurant and there goes one of the $50 credits, so that offsets $50 of the $75 increase without even trying. I totally get the distaste for the changes but as they say mileage may vary.

  • @kmb6916
    @kmb6916 5 місяців тому +7

    Might be time to cancel for me. I could barely justify this card at the 250 AF.

  • @ernessdeguzman3110
    @ernessdeguzman3110 3 місяці тому +1

    What kind of u.s supermarket are we talking about is it like safeway etc?

    • @MarkReese
      @MarkReese  3 місяці тому +1

      Yes. 'Regular' supermarket chains should work. This is meant to exclude places that sell groceries but are primarily a retail store, wholesale club, etc.

  • @carlosleshawn
    @carlosleshawn 5 місяців тому +3

    Gives me more value than the last version. I’ll be keeping and switching to white gold

  • @chhinchhem3816
    @chhinchhem3816 5 місяців тому +7

    I’ll stick to my AMEX green card.

  • @dannydang2014
    @dannydang2014 4 місяці тому +1

    Is the 20% in statement credits on restaurants in the first 6 months considered a SUB or just the 60/90 K points? I already have the platinum and ineligible for lower tier card SUBs.

    • @MarkReese
      @MarkReese  4 місяці тому +1

      Yes that's part of the welcome offer.

  • @ehamilton30909
    @ehamilton30909 5 місяців тому +3

    AF increased $6.25 per month but they're going to give it all back if I spend then same amount at Dunkin' each month. Then they've added other credits and benefits. I really don't see what all the belly aching is about. People do realize that Amex is a business and not a charity. Right?

  • @itruuth
    @itruuth 5 місяців тому +1

    How to get the resy credit? Still little confused. Can I go to a restaurant that’s also on resy and pay there?

    • @MarkReese
      @MarkReese  4 місяці тому +1

      Yes. You can pay directly at a restaurant that's listed on Resy and get the credit. Be sure to activate the benefit first.

  • @robertm8380
    @robertm8380 5 місяців тому +6

    Let me guess next refresh Green Card then Blue Cash Preferred. They might as well make the green card a Neon Glow in dark card easy to see when your traveling and drop it in dark in restaurant or bar late night. Blue Cash Preferred they can add a new LED light to light up when you tap the card.

    • @StrongEnough78
      @StrongEnough78 5 місяців тому +3

      I honestly wanted the original green card design. The old commercials used to grab my attention when I was a kid and always wanted that card. I like the new design, but that old design was my childhood dream lol.

  • @Trading-Freedom11
    @Trading-Freedom11 5 місяців тому +1

    Is this just the refresh for personal cards or does it goes for amex gold business as well?

    • @MarkReese
      @MarkReese  5 місяців тому +2

      Only the personal. The Business Gold Card got its new benefits + higher $375 AF as of Feb. 2024.

  • @warrenescalona3033
    @warrenescalona3033 5 місяців тому +2

    Thanks Mark! Excellent video and explanation with pictures and numbers

  • @aaron3763
    @aaron3763 5 місяців тому +1

    Does the uber cash rollover to the next month? For example if I only used $7.00 will the remaining $3.00 be rolled over to the next month?

  • @yurig2530
    @yurig2530 5 місяців тому +1

    I never been to Dunkin. There is one near my house. What do they sell?
    I also have Five Guys nearby, but they seem to be overpriced.
    I have a few Resy restaurants nearby, I have never been to any of those. Are they worth the price?
    I value Uber credit at $0.

  • @MKPhedYang
    @MKPhedYang 5 місяців тому +3

    Your amazing detail is always awesome and greatly appreciated! Very clear. It has helped me so much when I started getting into these credit card games!!! 💯🙏🤩

  • @PHDRPH
    @PHDRPH 5 місяців тому +1

    Mark, if you already have the Amex Platinum Uber Eats ($15) credit. Can you also receive the ($10) credit with the Amex Gold

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Yes, they stack each month 👍

    • @PHDRPH
      @PHDRPH 5 місяців тому

      T

    • @PHDRPH
      @PHDRPH 5 місяців тому +1

      @@MarkReesethank you Sir

  • @jqgoldstriker8096
    @jqgoldstriker8096 5 місяців тому +2

    Excellent new perks imo, and worth the higher annual fee. Can't wait for the White Gold Unboxing video!

  • @Michael.Potter
    @Michael.Potter 5 місяців тому +1

    Love that you respond to so many comments. Dedication!

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Thanks Michael!

  • @lianalonge1984
    @lianalonge1984 5 місяців тому +6

    As a current card member, my card is scheduled to arrive on August 2nd.

  • @Creditcardnerd
    @Creditcardnerd 5 місяців тому +1

    Got white gold color today!! Monday 7/29

  • @russellc.4794
    @russellc.4794 5 місяців тому +1

    If I have platinum card will I still be eligible for the bonus?

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Unfortunately the answer is likely a "no." ☹ The terms for the Gold Card's offer now say, "You may not be eligible to receive a welcome offer if you have or have had this Card, the Premier Rewards Gold Card, the Platinum Card, the Platinum Card from American Express Exclusively for Charles Schwab, the Platinum Card from American Express Exclusively for Morgan Stanley or previous versions of these Cards."

  • @basnetgl
    @basnetgl 5 місяців тому +1

    Thanks for the excellent review. You caught something than no one else caught: noon check in and late check out with the fine hotels and resorts program. That and the resy credits adds some value for the higher annual fee.

  • @StrongEnough78
    @StrongEnough78 5 місяців тому +2

    I thought about changing to the white gold, but I'm still on my original gold card that got my foot in the door with Amex. I'm gonna hold onto it, I just hope by the time it expires, they are offering the white gold full time like they did with the rose gold, and if not, oh well.

    • @drscrubs
      @drscrubs 5 місяців тому

      Request a replacement just to replace the design of your card. You do not have to wait until your card expires.

    • @StrongEnough78
      @StrongEnough78 5 місяців тому

      @@drscrubs I know that but I want to use my original for a bit longer. It's the first gold card I ever had so there's some sentimental value to it for me, as silly as that sounds lol.

  • @Ryan-iq2zd
    @Ryan-iq2zd 5 місяців тому +1

    My AMEX Gold card renews in August. Does that mean I’m locked in at $250 until next year?
    Also, do the Resy benefits start on July 1st and the next one on January 1st, 2025? Thanks for any feedback and info…

    • @MarkReese
      @MarkReese  5 місяців тому +2

      - Your renewal AF will be $250.
      - The $50 Resy credit refreshes every Jan. 01 and every Jul. 01.

    • @Ryan-iq2zd
      @Ryan-iq2zd 5 місяців тому +1

      @@MarkReese Awesome! Thank you for your quick reply...

  • @JZWY
    @JZWY 5 місяців тому +2

    I couldn’t get the welcome bonus because I already have the AMEX platinum😞😞😞

    • @MarkReese
      @MarkReese  5 місяців тому +2

      Bummer, those new rules are rough.

    • @JZWY
      @JZWY 5 місяців тому +2

      @@MarkReeseyea ughhhh.. but I was able to pull a couple of retention offers for different Cards based on your guidance in other videos so much appreciated

    • @TheRizzler30000
      @TheRizzler30000 5 місяців тому +1

      I'm going through the same. If I knew, I would have started with Green>Gold>Platinum.

  • @Travelnomad2025
    @Travelnomad2025 5 місяців тому +2

    i`m cancelling my gold card

  • @TheAudioCzar
    @TheAudioCzar 5 місяців тому +1

    It's funny how all the UA-camrs went from praising the gold card to wanting to cancel it. I'm not mad at the new changes, I'll never use the Dunkin credit though. But I'm finding the 4X on the supermarkets to be restrictive, I recently put my hello fresh on my gold card because I knew it would code as grocery, but since it wasn't supermarkets I didn't earn 4X. In little corner stores that sell groceries, you're not going to earn 4X either, not a big deal, but it gets annoying, especially when I know something like my saver one will earn on anything grocery

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Smart of you to do those tests 👍

    • @TheAudioCzar
      @TheAudioCzar 5 місяців тому +1

      @@MarkReese The hello fresh wasn't a test lol. My brain was thinking groceries so I was expecting 4x

  • @ksujoel
    @ksujoel 5 місяців тому +1

    I had been thinking of cancelling this card, due to not using all the benefits and it no longer fitting my lifestyle. But now, with the AF increase, this just solidified my decision. Here's my possible dilemma: I first got the Gold Card back in July 2021 - got an upgrade offer to the Platinum in September 2022, kept that for a year and then switched back to the Gold Card in October 2023. Should I wait for my AF to hit to cancel this card or could I go ahead and cancel it now? Thanks for posting this video, Mark!!

    • @MarkReese
      @MarkReese  5 місяців тому +2

      Up to you 👍 Since you waited 1+ years from getting the initial welcome offer, then another 1+ years after getting the upgrade offer, I see no risk of canceling whenever you want.
      Just realize that you could keep using any available credits between now & an October / November 2024 cancellation, which would mean more value to you. When the annual fee hits again, you have ~ 30 days from that day to cancel / downgrade and still be eligible for a full refund.
      That said, if you're tired of using the credits, you can cancel at any time.

  • @chri-ne0x
    @chri-ne0x 5 місяців тому +1

    Can’t wait for the unboxing!

  • @suitcafe
    @suitcafe 5 місяців тому +1

    You show 60,000 I saw 100,000 points plus 20%. Strange

    • @MarkReese
      @MarkReese  5 місяців тому +2

      The 60K + 20% is the standard offer available to everyone. Higher offers, including 100K points, are targeted, meaning some people will get them while others won't. I mentioned the potential for higher offers at 2:05.

    • @suitcafe
      @suitcafe 5 місяців тому +1

      @@MarkReese I saw that during your video. I was too quick to comment,

  • @nicoleilechie3789
    @nicoleilechie3789 5 місяців тому +1

    Once my retention offer stops rolling in, im goneeee. $325, i get max of $240 value out the card when it comes to credits. not willing to pay $85 a year to keep it open. but we'll see!

  • @paulbrown7765
    @paulbrown7765 5 місяців тому +1

    Thanks for your excellent breakdown as usual

  • @lorii2476
    @lorii2476 5 місяців тому +1

    I just got the white gold card. The logo, american express name are not embossed. Looks cheap 😂

  • @nadielle_acosta
    @nadielle_acosta 5 місяців тому +1

    I did apply even though I'm outside the US, I wanted it mostly because I eat out frequently and I'm traveling to a few places soon. Gotta take advantage of the 90k points offer + all the new credits while I'm abroad.

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Did you get an approval?

    • @nadielle_acosta
      @nadielle_acosta 5 місяців тому +1

      @@MarkReese Yes sir, approved and planning out the spending for the next 6 months.

    • @MarkReese
      @MarkReese  5 місяців тому +2

      @@nadielle_acosta - Congrats!

    • @nadielle_acosta
      @nadielle_acosta 5 місяців тому +1

      @@MarkReese Thanks man! It's exciting being my first AMEX card.

  • @brayanrojas99
    @brayanrojas99 5 місяців тому +1

    I wonder if Amex ever thought about Starbucks for the 7 dollar credit. I know people will say it’s “overpriced” or “not good” but strategically speaking it’s way more popular among Gen Z/millennials which Amex has really been targeting these past few years.

    • @MarkReese
      @MarkReese  5 місяців тому +2

      I thought the same thing.

  • @RubySapior
    @RubySapior 5 місяців тому +2

    Noooo :(
    Dunkin does not even exist in my state.
    Also $100 resy credit which I'm never going to use :(
    Welp, been using Amex gold for 6 months, time to cancel it

    • @MarkReese
      @MarkReese  5 місяців тому +2

      Make sure to wait a full 12 months prior to canceling. Otherwise, Amex could take back the bonus or impose other penalties.

    • @RubySapior
      @RubySapior 5 місяців тому +1

      @@MarkReese Waiting a full 12 month will require another annual fee bill. How do you work around this?

    • @MarkReese
      @MarkReese  5 місяців тому +2

      @@RubySapior - When your 2nd annual fee hits, you can then downgrade or cancel within 30 days and get a full refund.

    • @jaykid007
      @jaykid007 5 місяців тому

      What state you in?

  • @TheSimpleDollarShow
    @TheSimpleDollarShow 5 місяців тому +4

    And just like that, happy people & sad people are everywhere 😆

  • @TheDeviousLight
    @TheDeviousLight 5 місяців тому +1

    Already ordered my white gold

    • @Jff___TCU
      @Jff___TCU 4 місяці тому

      Do they charge ?

  • @MSaylorBTC1M
    @MSaylorBTC1M 5 місяців тому +2

    100k SUB at 6k spend for 6 months seems interesting

  • @illegalwaffles
    @illegalwaffles 5 місяців тому +3

    Ah, Amex, releasing a new card design while I'm in the process of moving. I hope the new design is still available in three weeks...

  • @yurig2530
    @yurig2530 5 місяців тому +1

    More couponization! Next step - 100 $1 monthly credits, blue gold design, $500 AF, nobody applies, amex confused, files for bankruptcy.

  • @yelliebellie1663
    @yelliebellie1663 5 місяців тому +1

    I will be keeping my Gold Card just made then switch to White Gold Card should Arrive August 5 2024! Yes now I can used extra credit better 5Guys and Dunkin coffee for my boss or co workers each month!!

  • @miguelortiz8457
    @miguelortiz8457 5 місяців тому +1

    Hi, Mark.

  • @JoeLouis46
    @JoeLouis46 5 місяців тому +2

    Not great

  • @mehran888
    @mehran888 5 місяців тому +4

    No good anymore. Amex is messed up with many of their cards. Who is eating Dunkin anymore??
    I’m migrating to Capital one. Almost all these benefits and more with NO ANNUAL FEES, combined multiple cards!!!

    • @chrisbrown8748
      @chrisbrown8748 5 місяців тому

      Plenty of people eat at Dunkin🤣🤣🤣. What kind of comment is this🤣🤣🤣. Just say the cards not for you but to make it like nobody can get value out of this is truly odd.

  • @Leoprieto74
    @Leoprieto74 5 місяців тому +6

    🥇Jesus,…🥈Maradona,…🥉American Express 💕

  • @chrisbrown8748
    @chrisbrown8748 5 місяців тому +1

    I think this refresh is fantastic. That Resy credit is AWESOME! I live in Philadelphia and their are a ton of great restaurants close to my house that are on Resy so I’ll easily be able to use that $100 credit and Dunkin is somewhere I go to at the very least once per month so again that’s a credit I’ll have zero issue using. This AF increase is like not having an increase at all and I don’t think I’ve ever been able to say that with any of my other cards. I mean I’m going from looking at this card as I spend $10 per year to hold it (minus the old dinning and Uber credit) to now looking at it as a card that pays me $90 to hold it🤣

    • @MarkReese
      @MarkReese  5 місяців тому +1

      Right on, enjoy it!

  • @robert8311
    @robert8311 5 місяців тому +2

    Amex imo isn’t worth it
    Unless you live in a major city you don’t use resy naturally
    You won’t go to Dunkin every month
    New credits are useless not a fan of Amex to begin with annual for a ok card vs any other issuer where they have good to great cards for no or low annual fees not worth it imo
    Feels like a spit in the face it’s only 2x on travel in there portal any other issuer does 5-10x when free or low annual fee cards what a joke

    • @chrisbrown8748
      @chrisbrown8748 5 місяців тому

      Card makes perfect sense for me🤷🏽‍♂️. Also you don’t need to “use” Resy for that credit to work, you simply need to dine at a restaurant that’s on the Resy app.

    • @chrisbrown8748
      @chrisbrown8748 5 місяців тому

      Your whole comment is super odd🤣. Your talking about no AF cards giving you a higher percentage back when booking travel through their portal while somehow forgetting that the Gold card is effectively now paying me $90 per year to hold it which is better than a no AF card that pays me nothing to hold and those no AF cards might beat the Gold in a category like that which is rarely a good way to go since those portals are usually more expensive anyway so why you’d use your card that way is beyond me but show me the no AF card that’s giving you 4x back at much more useful categories such as dinning and groceries? News flash the AMEX Gold isn’t meant for Farmers and the Pennsylvania Dutch🤷🏽‍♂️. You people that rag on this card just sound silly to me, their are plenty of cards that don’t fit my exact lifestyle but I don’t bash them because I can look at things objectively and see how others would get full use out of them. The Green card isn’t for me and yet I can see how it would totally be a great card for someone that takes public transit on the regular or who pays a lot on bridges and tolls each month while also wanting a decent percentage back on their restaurant spend. There isn’t a single perfect credit card that fits everyone’s lifestyle.

  • @SOXGATORS
    @SOXGATORS 5 місяців тому +1

    👍🏻